Mahindra Tractors sells 10,267 units in India during February 2015

Mumbai, 2nd March 2015: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, today announced its sales numbers for February 2015.

Domestic sales in February 2015 stood at 10,267 units, as against 16,553 units during February 2014. Total tractor sales (domestic + exports) during February 2015 stood at 11,437 units, as against 17,593 units for the same period last year. Exports for the month stood at 1,170 units, registering a growth of 13%.

Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, We have registered a sale of 10,267 units during February 2015. With negative sentiments and low crop output during this period the industry continues to witness de-growth. At Mahindra, we have seen a positive trend in exports which have grown by 13% during February 2015.

Feb 2015

Cumulative Feb

F14

F15

%Change

F14

F15

%Change

Domestic

16553

10267

-38%

240700

209765

-13%

Exports

1040

1170

13%

9262

12004

30%

Total

17593

11437

-35%

249962

221769

-11%

*Exports include CKD units.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times Boldness in Business Award in the Emerging Markets category in 2013.

Other Key Releases

From solar lamps and water jugs and even prosthetic limbs, 3D printing has the potential to drive positive change in the lives of people everywhere. The Mahindra Group has now designed and implemented a pilot project to bring its benefits to semi-urban and rural India.

2016 has gone down in history as Mahindra Racing's most successful Moto3™ World Championship campaign to date. Goals were achieved and surpassed, causing the bar to constantly raise as the season progressed.